Lido Advisors LLC Cuts Stake in Upbound Group, Inc. $UPBD

Lido Advisors LLC reduced its stake in shares of Upbound Group, Inc. (NASDAQ:UPBD) by 15.8% during the 4th quarter, HoldingsChannel reports. The fund owned 306,786 shares of the company’s stock after selling 57,571 shares during the period. Lido Advisors LLC’s holdings in Upbound Group were worth $5,387,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. The Manufacturers Life Insurance Company lifted its holdings in shares of Upbound Group by 1.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 25,705 shares of the company’s stock worth $645,000 after acquiring an additional 482 shares during the period. Alliancebernstein L.P. lifted its holdings in shares of Upbound Group by 1.3% during the 3rd quarter. Alliancebernstein L.P. now owns 72,428 shares of the company’s stock worth $1,711,000 after acquiring an additional 900 shares during the period. Prelude Capital Management LLC lifted its holdings in shares of Upbound Group by 9.4% during the 3rd quarter. Prelude Capital Management LLC now owns 10,737 shares of the company’s stock worth $254,000 after acquiring an additional 923 shares during the period. Rafferty Asset Management LLC lifted its holdings in shares of Upbound Group by 7.9% during the 2nd quarter. Rafferty Asset Management LLC now owns 13,668 shares of the company’s stock worth $343,000 after acquiring an additional 999 shares during the period. Finally, Hantz Financial Services Inc. lifted its holdings in shares of Upbound Group by 238.3% during the 4th quarter. Hantz Financial Services Inc. now owns 1,448 shares of the company’s stock worth $25,000 after acquiring an additional 1,020 shares during the period. 90.30% of the stock is currently owned by hedge funds and other institutional investors.

Upbound Group Stock Up 0.4%

Shares of NASDAQ:UPBD opened at $18.27 on Friday. The company has a quick ratio of 0.88, a current ratio of 3.06 and a debt-to-equity ratio of 2.01. Upbound Group, Inc. has a 52-week low of $15.82 and a 52-week high of $28.02. The company has a 50 day moving average of $18.47 and a two-hundred day moving average of $18.78. The company has a market capitalization of $1.06 billion, a price-to-earnings ratio of 12.78 and a beta of 1.80.

Upbound Group (NASDAQ:UPBD) last issued its quarterly earnings data on Thursday, April 30th. The company reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.06 by $0.02. Upbound Group had a net margin of 1.78% and a return on equity of 35.56%. The company had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter last year, the company earned $1.00 earnings per share. Upbound Group’s revenue for the quarter was up 3.7% on a year-over-year basis. Upbound Group has set its Q2 2026 guidance at 1.000-1.100 EPS and its FY 2026 guidance at 4.000-4.350 EPS. As a group, analysts forecast that Upbound Group, Inc. will post 4.15 earnings per share for the current fiscal year.

Upbound Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Tuesday, June 16th will be given a $0.39 dividend. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $1.56 annualized dividend and a yield of 8.5%. Upbound Group’s dividend payout ratio (DPR) is 109.09%.

Insider Transactions at Upbound Group

In other news, Director Jeffrey J. Brown acquired 2,329 shares of the stock in a transaction on Tuesday, April 28th. The stock was bought at an average price of $19.41 per share, with a total value of $45,205.89. Following the completion of the transaction, the director directly owned 94,840 shares of the company’s stock, valued at $1,840,844.40. The trade was a 2.52% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 2.60% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts recently commented on UPBD shares. Zacks Research upgraded shares of Upbound Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 20th. Weiss Ratings restated a “hold (c-)” rating on shares of Upbound Group in a report on Friday, March 27th. Finally, Wall Street Zen upgraded shares of Upbound Group from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $31.33.

Upbound Group Profile

Upbound Group, Inc leases household durable goods to customers on a lease-to-own basis in the United States, Puerto Rico, and Mexico. It operates through four segments: Rent-A-Center, Acima, Mexico, and Franchising. The company's brands, such as Rent-A-Center and Acima that facilitate consumer transactions across a range of store-based and virtual channels. It offers furniture comprising mattresses, tires, consumer electronics, appliances, tools, handbags, computers, smartphones, and accessories.